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Paul
Paul, aged 56 years, is a new client at this branch and he comes from Nyabikuku, Nyakagyeme Rukungiri District. He is married with 6 children and is a tutor at a technical college in same career. His major business activity is agriculture, mainly poultry and banana farming.

He was advanced 1,000,000 UGX from UGAFODE Microfinance Limited (MDI) to boost his agricultural endeavors.

He thanks UGAFODE for considering him for a loan, which he is going to inject into his poultry farm to increase his income. In the photograph, Paul is with his wife.

Additional Information

More information about this loan

This loan is part of UGAFODE's program for clients who live in isolated rural areas with limited access to financial services. Uniquely, UGAFODE focuses its efforts on agricultural areas in Uganda that are over 50 km from their branches, providing loans to both groups and individual borrowers. The organization believes that the risk of offering services to remote clients is outweighed by the benefits to customers and their often underserved communities.

About Uganda

  • $1,800
    Average annual income
  • 267
    View loans »
    Uganda Loans Fundraising
  • $31,047,900
    Funds lent in using Kiva
  • 2,580.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Paul to buy young chicks for rearing and later selling.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2013
Listed
Aug 22, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014